Paycor Investor Presentation Deck

GAAP to Non-GAAP Reconciliation Revenue Gross Profit Gross Profit Margin Amortization of intangible assets Stock-based compensation expense Corporate adjustments Adjusted Gross Profit Adjusted Gross Profit Margin Amortization of deferred contract costs Amortization of capitalized software Depreciation Adjusted Gross Profit, Excluding D & A Adjusted Gross Profit Margin, Excluding D&A Note: $ in millions. Amounts may not foot due to rounding. Three Months Ended March 31, 2023 $161.5 $112.2 69.5% $1.4 $2.4 $0.0 $116.0 71.8% $6.8 $7.2 $0.4 $130.4 80.7% Reconciliation to Adjusted Gross Profit Excluding D & A Fiscal Year Ended June 30, 2021 Three Months Ended March 31, 2022 $122.6 $81.4 66.4% $1.4 $1.7 $0.0 $84.6 69.0% $4.6 $5.8 $0.6 $95.6 78.0% Fiscal Year Ended June 30, 2022 $429.4 $261.2 60.8% $19.3 $6.6 $0.0 $287.2 66.9% $17.3 $22.1 $2.6 $329.2 76.6% $352.8 $198.3 56.2% $46.1 $0.5 $0.0 $244.9 69.4% $10.6 $13.8 $2.6 $271.9 77.1% Fiscal Year Ended June 30, 2020 $327.9 $188.2 57.4% $42.9 $0.6 $1.7 $233.4 71.2% $5.7 $6.9 $2.5 $248.4 75.8% Fiscal Year Ended June 30, 2019 $291.5 $182.0 62.4% $28.1 $0.4 $0.3 $210.7 72.3% $5.8 $5.5 $2.3 $224.4 77.0% 19

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